With the transition to value-based care and growing quality reporting requirements, the healthcare industry is increasingly adopting advanced health IT solutions such as analytics, population health management, and quality management solutions. Quality management solutions help hospitals, physicians, payers, and ACOs to efficiently manage and report quality data to meet regulatory requirements, improve performance and patient safety, and deliver value-based care.
The North American healthcare quality management market is expected to grow at a CAGR of 15.8% from 2018 to reach $2.95 billion by 2024 from $1.23 billion in 2018.
Here are the Top 10 Companies in North American Healthcare Quality Management :
Founded in 1833 and headquartered in San Francisco, California, U.S.; McKesson Corporation operates in two segments, namely, McKesson Distribution Solutions and McKesson Technology Solutions. The McKesson Distribution Solutions segment distributes branded and generic pharmaceutical drugs, and other healthcare-related products and provides practice management, technology, clinical support, and business solutions to community-based oncology and other specialty practices whereas the McKesson Technology Solutions segment provides clinical, financial, and supply chain management solutions to healthcare organizations.
As of March 2017, the company had a headcount of 78,000 employees with its geographical presence in North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. Some of the major subsidiaries of the company include Celesio Holdings Deutschland GmbH & Co. KGaA (Germany), McKesson US Finance Corporation (U.S.), PF2 McKesson Technologies Inc. (U.S.), and Per-Se Technologies (Georgia), among others.
Founded in 1998 and headquartered in Columbia, Maryland, U.S.; Medisolv, Inc., develops and provides business intelligence, comprehensive quality reporting, and management software that assists hospitals and healthcare professionals in addressing their electronic and abstracted measure needs. Software can unlock information suppressed in healthcare data, empowering hospitals to improve their quality of carethe company provides healthcare solutions in the U.S. and Canada.
Nuance Communications, Inc.
Founded in 1992 and headquartered in Burlington, Massachusetts, U.S., Nuance Communications, Inc., is the pioneer in conversational and cognitive AI innovations that bring intelligence to everyday work and life. The company delivers solutions that can understand, analyse and respond to human language to increase productivity and amplify human intelligence. The company works with several organizations in global industries that include healthcare, telecommunications, automotive, financial services, and retail to create stronger relationships and better experiences with customers and workforce.
The company has more than 35 regional offices, with a significant international presence in regions like North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.
Founded in 1997 and headquartered in Milpitas, California, U.S., Quantros, Inc. is a provider of enterprise Software as a service (SaaS) based solutions and information services that help to advance healthcare quality and safety performance. The solutions of the company help hospitals, retail pharmacies, and healthcare systems to capture intelligence so they can improve outcomes, reduce risks and reinforce commitments to delivering safer, higher-quality value-based care. The company provides its healthcare solutions in the U.S. and Canada.
Dimensional Insight, Inc.
Founded in 1989 and headquartered in Burlington, Massachusetts, U.S.; Dimensional Insight, Inc., is a software company specialized in the development and marketing of business intelligence software. The flagship product of the company, The Diver Solution, delivers information in the form of reports, charts, and analytical applications.
The company develops and markets its products in the U.S., Canada, and it has its subsidiaries in China, Hong Kong, Panama, Germany, and the Netherlands.
A report into the projected growth of the current North American Healthcare Quality Management Market by Meticulous Research® has produced some incredible forecasts for the industry. By 2024, it’s expected to have grown at a CAGR of 15.8%, reaching over $ 2.5 billion.
Dolbey Systems, Inc.
Founded in 1914 and headquartered in Concord, Ohio, U.S.; Dolbey Systems, Inc., develops advanced healthcare software solutions for healthcare dictation, medical transcription, speech recognition, computer-assisted coding and healthcare core quality measures analytics and reporting.
The company has about 40 authorized sales, service and support centers in the U.S. and Canada.
Verscend Technologies, Inc.
Founded in 1996 and headquartered in Waltham, Massachusetts, U.S.; Verscend Technologies, Inc. (formerly Verisk Health), operates as a healthcare information technology company that provides healthcare analytics solutions. The company offers quality improvement, risk adjustment, and performance analytics solutions, which help organizations utilize data, so they can efficiently and cost-effectively manage their customers.
In June 2016, Verisk Analytics, Inc. sold its healthcare services business (Verisk Health) to Veritas Capital. In August 2016, Verisk Health announced its rebranding to Verscend Technologies, Inc.
Founded in 1994 and headquartered in Richardson, Texas, U.S.; MedeAnalytics, Inc. develops cloud-based healthcare analytics solutions for hospitals, health systems, health plans, state Medicaid programs and more. The company offers patient access, revenue integrity, business office, population health, and performance management solutions for healthcare providers. It also provides consulting services in the areas of organizational alignment, population health, revenue cycle, and healthcare economics for healthcare providers and health plans.
The company provides enterprise-level solutions to over 1500 clients in Richardson (TX), Emeryville (CA), Nashville (TN), and London.
Founded in 2005 and headquartered in Princeton, New Jersey, U.S.; CitiusTech Inc. provides healthcare technology services and solutions to medical technology companies, providers, payers, health plans and life sciences organizations.
The company offers wide range of services and solutions including healthcare software development, healthcare interoperability, regulatory compliance, consumer engagement, care coordination and population health management. The company operates across North America, Europe, Middle East, and Asia-Pacific.
Founded in 1906 and headquartered in New Jersey, U.S.; Conduent, Inc. is the provider of diversified business process services with leading capabilities in transaction processing, automation, analytics and constituent experience. The company provides solutions for government and commercial customers assisting them to deliver quality services to citizens, patients, customers and employees while reducing costs.
The company strategies include expanding within attractive industries including Healthcare, optimizing and strengthening its services capabilities, greater focus on innovation to create next-generation solutions and enhance data analytics capabilities to deliver value-added services to clients. The global presence of the company is seen in the U.S., Europe and Asia-Pacific.
Popular Mentions: ArborMetrix, Inc., Altegra Health (Change Healthcare), General Dynamics Health Solutions, Cognizant Technology Solutions Corporation, 3M Company, Truven Health Analytics (IBM Watson Health), and Persivia
Authoritative Research on the North American Healthcare Quality Management Market – Global Opportunity Analysis and Industry Forecast (2018-2024)
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